Читать книгу QuickBooks Online For Dummies - Marmel Elaine - Страница 8

This version of QBO is aimed at freelancers and self-employed individuals, basically, those who receive Federal Form 1099 to account for the money they’ve been paid and pay their taxes using Schedule C of IRS Form 1040. Using the Self-Employed version, you can

❯❯ Separate business from personal spending

❯❯ Calculate and pay estimated quarterly taxes

❯❯ Track mileage and IRS Form 1040 Schedule C (the IRS form that most self-employed people must complete to determine business net income or loss) information

❯❯ Track income and expenses

❯❯ Download transactions from your bank and credit card accounts

Like the other versions of QBO, you can use a tablet, smartphone, or desktop computer to access your data. In addition, the Self-Employed version uses the same security and encryption as banks, and your data is automatically backed up online. As you might expect, this version has the fewest reports available – only three – and only one person can access QBO.

Be aware that, when I wrote this, the Self-Employed version of QBO didn’t link with QBOA.

If you opt to include TurboTax in your subscription, you also can pay your estimated quarterly taxes online and export Schedule C information from QBO to Turbo Tax so that you can prepare your tax return more easily. With TurboTax as part of your subscription, you receive one federal and one state electronic tax return filing at no extra cost.